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ANZ Progress Saver

Posted March 10th, 2011 and last modified December 9th, 2011

ANZ Progress Saver Find out more about the ANZ Progress SaverApply now for a ANZ Progress Saver Find out more about the ANZ Progress Saver
What happens when I click Apply Now?
  • Clicking Apply will take you to your Online Application on the bank's website. You do not need to be a customer of this bank to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • Tip: Have your Tax File Number ready as it will speed up your application.
  • In most cases, your new savings account will be setup immediately after you apply.
Click here to start your application >>

Sign Up for the ANZ Progress Saver

How Does It Work?

One of the most important features integrated into this amazing product is related to the bonus interest which is payable on your savings account and the lack of a monthly fee, regardless of the type of account you are applying for.

With ANZ Progress Saver, you will find the process of saving money an easy one and you will get closer and closer to fulfilling your goals in the shortest time possible. Therefore, you have nothing to lose if you try and there is no reason for not giving it a chance.

Who Is Eligible?

In order to be eligible to make an online application for a Progress Saver account by ANZ, there are some criteria you will need to meet. For example, you must be an Australian resident with a permanent address in the country. You will need certain details in order to be able to complete the Customer Identification process. On the other hand, if you are already an ANZ customer you will not have to worry about this anymore.

Another condition is to make a minimum $10 deposit when you open your account. And last but not least, if your intention is to open a Progress Saver account for a child which is not 12 yet, you should use your one name or open it in the name of any other adult who will represent the child.

What Are the Benefits?

One of the most important benefits you will get from opening this type of account with ANZ is the chance to reward yourself by saving bonus interest. This amount will usually be calculated on a daily basis, each time you decide to deposit $10 or more.

Another aspect is that you will be able to use any branch of the bank for depositing your cash directly into your account. This can also be an excellent lesson for children if you want to teach them some basic aspects of the money saving process. Then, you will be able to track the progress of your savings at any time, because of the graph printed on each of your statements.

And this is not all. There is also an automatic saving plan available to every customer by which you will be able to make fund transfers from your regular account to your savings one every time you want. And on top of all, you will be granted a free transaction and will not pay additional transaction fees if you did not turn 18 yet.


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